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The Tesla executive says it was just a 'schoolyard spat.'
Elon Musk's $20 Million Settlement for Fraud Charges Add to an Increasingly Bizarre Year for the Billionaire
Musk has become known for his erratic, off-the-cuff online statements, but he's now paying the price and stepping down as Tesla's chairman.
Musk called the SEC lawsuit 'unjustified action.'
The entrepreneurial icon has gone on the record about his personal problems and his unwillingness, or perhaps helplessness, to solve them.
Now we know Theranos didn't have brilliant leadership or breakthrough technology, just an abundance of credulous investors.
Dow Jones cites source in developing story.
Monday's filing indicated that Lending Club had repurchased an additional $3.8 million in loans during the first quarter that did not meet investor criteria.
The new rules for equity crowdfunding will soon go into effect, giving entrepreneurs looking to start or grow their business a new way to access capital.